Linyi Trade Centre Seeks More Malaysian Firms as Expansion Plans Unfold
The Linyi International Trade Centre in Shandong is courting additional Malaysian companies, having only five participants so far, and is preparing a second-phase expansion costing about 800 million yuan.
The Linyi International Trade Centre, established in 2011 in Shandong Province, acts as an export hub for products bound for markets including South Korea, Singapore and Malaysia. To date, only five Malaysian companies—focused on mining, international trade and logistics—have joined the platform, contributing to a 2024 export total of 52 billion yuan (RM32.81 billion). Manager Wang Jisheng highlighted incentives such as free office rentals and a complimentary apartment for each registered firm, alongside eleven dedicated service counters that handle permits, customs and other approvals.
He announced a second-phase development worth about 800 million yuan (RM489.42 million) slated to start construction next year. The centre will host the fourth Linyi Trade City International Sourcing Conference from Oct 28, expecting tens of thousands of participants and over 3,000 Chinese exhibitors showcasing products from metal goods to personal protective equipment. The event underscores Linyi’s strategy to strengthen global supply chains and attract more foreign investment, particularly from Malaysia.
Why it matters
Greater Malaysian involvement could deepen trade links and create economic benefits for both Malaysia and China’s Linyi region.
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